News & Top Stories
The Maruti Grand Vitara came in second place and the Hyundai Creta led the pack in compact SUV sales in March 2024, as typical. More than 49,000 compact SUVs were sold last month, marking a general increase in the sector of about 10%. Check out the sales figures for each compact SUV in March 2024.
Compact SUVs & crossovers | |||||||
March 2024 | February 2024 | MoM Growth | Market share current(%) | Market share (% last year) | YoY mkt share (%) | Average sales (6 months) | |
Hyundai Creta | 16458 | 15276 | 7.73 | 33.44 | 42.66 | -9.22 | 12557 |
Maruti Grand Vitara | 11232 | 11002 | 2.09 | 22.82 | 30.55 | -7.73 | 10323 |
Kia Seltos | 7912 | 6265 | 26.28 | 16.07 | 19.93 | -3.86 | 9536 |
Toyota Hyryder | 5965 | 5601 | 6.49 | 12.12 | 10.56 | 1.56 | 4486 |
Honda Elevate | 3277 | 3184 | 2.92 | 6.65 | 0 | 6.65 | 4591 |
Volkswagen Taigun | 1588 | 1286 | 23.48 | 3.22 | 6.01 | -2.79 | 1766 |
Skoda Kushaq | 1293 | 1137 | 13.72 | 2.62 | 6.84 | -4.22 | 1887 |
MG Astor | 1274 | 1036 | 22.97 | 2.58 | 3.5 | -0.92 | 890 |
Citroen C3 Aircross | 211 | 127 | 66.14 | 0.42 | 0 | 0.42 | 158 |
Total | 49210 | 44914 | 9.56 |
Principal Learnings
- As the best-selling small SUV in the nation, the Hyundai Creta maintained its dominance. In March 2024, sales of the facelifted Creta reached close to 16,500 units, with a nearly 8 percent increase in monthly sales. Even though Creta’s year-over-year (YoY) market share decreased by more than 9%, its sales in March 2024 were still almost 3,900 units more than its six-month average.
- The Maruti Grand Vitara was the only small SUV to sell 10,000 units or more after the Creta. In March, Maruti continued to meet monthly demand for the Grand Vitara by shipping over 11,000 of the vehicle
- In March 2024, the MoM sales of the Kia Seltos increased by more than 26%, with over 7,900 units sold. This amount was still about 1,600 units less than the company’s average sales during the previous six months, though.
- In March 2024, the Toyota Hyrder—the Grand Vitara’s mechanical sibling—found nearly 6,000 purchasers. For the previous month, Toyota’s small SUV had no monthly losses recorded. (Hyundai and Maruti)
Honda Elevate
- Additionally, Honda Elevate consistently exceeded the 3,000 unit sales threshold in terms of MoM demand.
Nevertheless, it was still below its six-month average sales by about 1,300 units. - In March 2024, Volkswagen sold 300 additional Taigun compact SUVs, bringing its total sales to almost 1,500 units. However, Taigun’s YoY market share dropped by around 3%.
- Similar to the Taigun, the Skoda Kushaq saw good growth in March 2024 of more than 13 percent, with around 1,300 units sold. Its year-over-year (YoY) market share likewise decreased by almost 4%.
- The MG Astor crossed the 1,000 unit sales threshold and saw a MoM gain of about 23 percent.
- Only 200 of the Citroen C3 Aircross’s tiny SUVs were sold in March 2024, making it the least popular model.
Read More On – Volkswagen Taigun’s Starting Price Of Rs.11 Lakh